Short Sale, Foreclosure and Strategic Default

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Wednesday, October 27, 2010

San Diego Real Estate prices are dropping

San Diego seeing the second largest percentage of price reductions in the nation.

News Room - Trulia.com - Press Releases
Comparatively speaking, we've found that seasonal considerations combined with a lack of urgency on the part of would-be buyers and continued job market doldrums nationwide have led to more significant reductions during this time period than during the same time frame in 2009."



Highest Percentage Increase in Price Reductions: June to Oct. 2010



Rank


City


% of Price Reductions in October 2010


% of Price Reductions in June 2010


% Increase

1


Las Vegas, NV


29%


10%


194%

2


San Diego, CA


26%


16%


64%

3


Sacramento, CA


27%


17%


61%


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